We used to do this at the school ceilidh back in old Scotchland, its not revolutionary but its great for the kids... Ideally played in as a big a room as possible and with as many kindy babies as you can get your hands on.

Make 4 or so themed pictures on nice big pieces of paper (Apple/Orange/Grape/Watermelon, Car/Plane... u get the idea) and stick them in the corners of the room. Play music and get the kids to shake rattle and roll on the floor for a bit then when the music stops they choose a corner. Have the same pictures on smaller cards, draw one at random and the kids in that corner are eliminated. As the number of kids decreases remove a picture and so on until 1 lucky kid is the winner...